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    Property profile & analytics

    Monroe, MI 48161

    • Commercial land
    • 8.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2524222
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    8.92 lot acres
    Property type
    Commercial land
    APN
    12-020-294-00
    APU
    1202029400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3906
    Latitude
    41.8991
    CBSA code
    33780
    CBSA name
    MONROE, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $880
    $0.00
    $0.00
    $56,700
    -
    $0.00
    $0.00
    $113,400

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      Wolverine Ave Hoffman Parkv

      VACANT COMMERCIAL LAND • 0.04 Acres
      Wolverine Ave Hoffman Parkv, Monroe, MI 48161
      View Details
    • Value Estimation by Request
      0.58 Acres

      Dixie Hwy

      VACANT COMMERCIAL LAND • 0.58 Acres
      Dixie Hwy, Monroe, MI 48161
      View Details
    • Value Estimation by Request
      0.29 Acres

      Hull Rd

      VACANT COMMERCIAL LAND • 0.29 Acres
      Hull Rd, Monroe, MI 48161
      View Details
    • Value Estimation by Request
      0.06 Acres

      1339 Laplaisance Rd, Unit V

      VACANT COMMERCIAL LAND • 0.06 Acres
      1339 Laplaisance Rd, Monroe, MI 48161-1157
      View Details
    • Value Estimation by Request
      0.36 Acres

      Frnt Stv

      VACANT COMMERCIAL LAND • 0.36 Acres
      Frnt Stv, Monroe, MI 48161
      View Details
    • Value Estimation by Request
      0.87 Acres

      Monroe, MI 48161

      VACANT COMMERCIAL LAND • 0.87 Acres
      Monroe, MI 48161
      View Details

    Similar Nearby for Sale

    • $99,900
      1.00 Acre

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      1-acre vacant land parcel suitable for residential or commercial development.
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    • Contact for pricing
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      Prime Commercial Land Opportunity

      1.49 acre commercial land for sale near I-75.
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      Commercial land adjacent to Ford Packaging Facility near I-75.
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    • $1,200,000

      Commercial Land For Sale

      Commercial land available for sale.
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    • $250,000

      Commercial Land on South Telegraph

      1.46 acre commercial land with high visibility.
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    Similar Nearby for Lease

    • Contact for pricing

      Land Ready for Development

      Land with utilities, highway access, and construction approval.
      14726 Laplaisance Rd, Monroe, MI 48161
      View Details
    • Contact for pricing
      50,000 SF

      Prime Monroe Retail Space

      Large Retail Space Available, Monroe, MI
      14498-14576 Laplaisance Rd, Monroe, MI 48161
      View Details
    • $7 SF/Yr
      4,852 SF

      Monroe Office Building For Lease

      Spacious Office, Land Available Now
      204 Macomb St, Monroe, MI 48161
      View Details
    • $12 SF/Yr
      2,200 SF

      Monroe Office Building - 1.4 Acres

      Spacious Office Space, 2,200 sq ft, Monroe, MI
      750 Raisinville Rd, Monroe, MI 48161
      View Details
    • $8 SF/Yr
      4,752 SF

      Monroe County Office Building

      Prime Monroe Office Space - 4,752 SF
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    • Contact for pricing

      Prime Monroe Commercial Land

      Mixed-use land, ideal for development.
      0 Telegraph Rd, Monroe Charter Township, MI 48161
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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